Showroomprivé: at the head of the gondola?







Photo credit © ChaunuPictures

(Boursier.com) — In a gloomy economic situation with limited visibility, Showroomprivé managed to maintain its growth dynamic by recording over 9 months a turnover of 471 ME, an increase of 4.6% compared to the same period in 2022.
The maintenance of inflation at a high level, however, weighed on online sales, particularly in the field of clothing, -8% in H1 2023. Its increase at the end of the period accelerated the trend, as materialized by total spending on clothing and textiles down -2.3% in August according to INSEE…

Without surprise ?

In the 3rd quarter, traditionally the least contributory to activity, the decline in consumption increased, having an unfavorable impact on event sales, the core activity. Given the weight of this business, turnover is down, going from 144.7 to 139.6 million.

Among the latest analyst opinions, GreenSome Finance lowered its sights on the file from 2.36 to 1.96 euros, while remaining a purchase. The stock is trading at 1.02 euros this Friday on the Paris Stock Exchange.


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